GST News

Kerala to Introduce Faceless Adjudication in SGST Department to Enhance Transparency

14 February 2025 at 08:43

Finance Minister K.N. Balagopal on Wednesday announced the implementation of 'faceless adjudication' in the taxpayer services and audit wings of the State Goods and Services Tax (SGST) department.

Posted in GST | 522 Views

GST Rates Drop from 15.8% to 11.3% Since Implementation: FM Nirmala Sitharaman

13 February 2025 at 08:56

FM Nirmala Sitharaman informed the Rajya Sabha on Tuesday that the average indirect tax under the GST has significantly reduced since its rollout.

Posted in GST | 558 Views

GSTN Issues Advisory for GST Registration Process Under Rule 8 of CGST Rules, 2017

13 February 2025 at 08:47

The GST Network (GSTN) has introduced new measures for GST registration, reinforcing compliance with Rule 8 of the CGST Rules, 2017.

Posted in GST | 10566 Views

CBIC Notifies Implementation Dates for Key GST Rule Amendments

13 February 2025 at 08:46

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 09/2025 - Central Tax on February 11, 2025, announcing the enforcement dates for select amendments to the Central Goods and Services Tax (CGST) Rules, 2017.

Posted in GST | 2418 Views

Centre's Retrospective GST Amendment May Face Legal Challenge in Supreme Court

12 February 2025 at 07:21

The central government's move to retrospectively amend a section of the Goods and Services Tax (GST) Act in the Union Budget 2025-26 may face legal scrutiny, as a review petition related to the issue is expected to be heard by the Supreme Court

Posted in GST | 762 Views

GST Evasion of Rs 1.88 Lakh Crore Detected by CGST Officers in April-Dec 2024

12 February 2025 at 07:21

The Central Goods and Services Tax (CGST) officers detected GST evasion worth ₹1.88 lakh crore in 72,393 cases during April-December 2024, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on Monday.

Posted in GST | 501 Views

Centre Pushes for GST Rationalisation, States Yet to Reach Consensus

12 February 2025 at 07:14

The Central government is accelerating efforts to simplify the Goods and Services Tax (GST) structure, but a lack of consensus among states is delaying the process.

Posted in GST | 1167 Views

E-Way Bill Generation Hits Record 118.15 Million in January 2025

11 February 2025 at 08:54

The number of e-way bills generated in January 2025 reached an all-time high of 118.15 million, according to data from the Goods and Services Tax Network (GSTN), as reported by Informist.

Posted in GST | 1386 Views

DGGI Arrests Three for Rs 16.96 Crore Fake Invoice & ITC Fraud

11 February 2025 at 08:53

DGGI, Bhubaneswar Zonal Unit, has arrested three individuals for their alleged involvement in issuing fake invoices and fraudulently passing on Input Tax Credit (ITC) amounting to Rs 16.96 crore without any actual supply of goods.

Posted in GST | 864 Views

CBIC Issues Guidelines on GST Appeals for Interest & Penalty Waiver Under Section 128A

10 February 2025 at 08:49

The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 02/2025-GST, clarifying the procedure for handling departmental appeals related solely to interest and penalties under Section 128A

Posted in GST | 26349 Views